General FAQs

Frequently Asked Questions:

Q1: What is Infinet?

A: Infinet is a decentralized network designed to provide scalable, secure, and reliable coverage for both IoT and 5G devices. Powered by a multi-token model and a dual-layer architecture, Infinet enables global connectivity while prioritizing privacy, sustainability, and community-driven growth.

Q2: How does the Infinet token model work?

A: Infinet operates using a three-token model:

• INFI (Governance Token): Used for staking, voting on proposals, and participating in governance decisions.

• NET (Utility Token): Powers network operations, transaction fees, and Proof-of-Coverage rewards.

• CONNECT (5G Token): Facilitates payments and rewards specifically for 5G services and high-bandwidth applications.

Q3: How can I get involved with Infinet?

A: There are several ways to participate in the Infinet network:

• Run an Infinet OMNI Device: Contribute to network coverage by operating a node and earning rewards.

• Participate in Governance: Stake INFI tokens to vote on proposals and shape the network’s future.

• Build on Infinet: Developers can create applications, integrations, and tools on the Infinet network.

• Join the Community: Engage in discussions, attend events, and collaborate with other community members.

Q4: What is Proof-of-Coverage 2.0, and how does it work?

A: Proof-of-Coverage 2.0 is an advanced mechanism used by Infinet to validate the quality and reliability of network coverage provided by devices. It uses multiple layers of validation, including zk-SNARKs for privacy, time-stamped location data, and cross-verification by neighboring nodes to ensure accurate and consistent coverage.

Q5: How are rewards calculated in the Infinet network?

A: Rewards in the Infinet network are calculated based on several factors, including coverage quality, regional demand, and energy efficiency. Operators who provide consistent, high-quality coverage and deploy in underserved areas receive higher rewards. Additionally, bonuses are provided for eco-friendly deployments using renewable energy sources.

Q6: What are zk-SNARKs, and why are they important for Infinet?

A: zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge) are cryptographic proofs that allow data to be verified without revealing sensitive information. In Infinet, zk-SNARKs are used to ensure privacy while validating coverage and transactions, enabling trustless verification while keeping user data confidential.

Q7: When will the Infinet mainnet launch?

A: The Infinet mainnet is scheduled to launch in Q4 2024, following the completion of the testnet and token launch phases. This launch will include full network operations, decentralized governance, and the initial deployment of Infinet OMNI devices.

Q8: How is Infinet environmentally sustainable?

A: Infinet prioritizes sustainability through initiatives like incentivizing the use of renewable energy sources, rewarding energy-efficient deployments, and reducing the overall carbon footprint of the network. Operators who use solar-powered or low-energy setups receive additional rewards.

Q9: What resources are available for developers?

A: While developer resources are still being built, the community will soon have access to SDKs, APIs, documentation, and support channels. Developer grants and hackathons will be introduced to encourage innovation and the creation of new applications on Infinet.

Q10: How can I stay updated on Infinet’s progress?

A: You can follow Infinet’s official social media channels, join community forums, and subscribe to newsletters for regular updates. Additionally, the Release Notes and Updates section on this website will provide details on new features, releases, and important announcements.